Brookfield Corp Stock Market Value
| BN Stock | 57.53 1.15 2.04% |
| Symbol | Brookfield |
Brookfield Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Corp. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.97) | Earnings Share 0.46 | Revenue Per Share 63.769 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0231 |
The market value of Brookfield Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Corp's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Corp's market value can be influenced by many factors that don't directly affect Brookfield Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Brookfield Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Brookfield Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Brookfield Corp.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Brookfield Corp on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Brookfield Corp or generate 0.0% return on investment in Brookfield Corp over 720 days. Brookfield Corp is related to or competes with KKR Co, Blackstone, T Rowe, Apollo Global, Carlyle, Brookfield Asset, and Ares Management. Brookfield Corp is entity of United States More
Brookfield Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Brookfield Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Brookfield Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 8.95 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.94 |
Brookfield Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Corp's standard deviation. In reality, there are many statistical measures that can use Brookfield Corp historical prices to predict the future Brookfield Corp's volatility.| Risk Adjusted Performance | 0.1477 | |||
| Jensen Alpha | 0.162 | |||
| Total Risk Alpha | 0.1106 | |||
| Sortino Ratio | 0.1442 | |||
| Treynor Ratio | 0.1924 |
Brookfield Corp Backtested Returns
Brookfield Corp appears to be very steady, given 3 months investment horizon. Brookfield Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Brookfield Corp, which you can use to evaluate the volatility of the firm. Please makes use of Brookfield Corp's Risk Adjusted Performance of 0.1477, downside deviation of 1.43, and Mean Deviation of 1.21 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brookfield Corp holds a performance score of 12. The firm shows a Beta (market volatility) of 1.51, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Brookfield Corp will likely underperform. Please check Brookfield Corp's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Brookfield Corp's price patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Brookfield Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Brookfield Corp time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookfield Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Brookfield Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 32.8 |
Brookfield Corp lagged returns against current returns
Autocorrelation, which is Brookfield Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Brookfield Corp's stock expected returns. We can calculate the autocorrelation of Brookfield Corp returns to help us make a trade decision. For example, suppose you find that Brookfield Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Brookfield Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Brookfield Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Corp Lagged Returns
When evaluating Brookfield Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Corp stock have on its future price. Brookfield Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Brookfield Corp autocorrelation shows the relationship between Brookfield Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Corp.
Regressed Prices |
| Timeline |
Pair Trading with Brookfield Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Brookfield Stock
| 0.88 | AC | Associated Capital | PairCorr |
| 0.81 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.82 | MC | Moelis Potential Growth | PairCorr |
| 0.89 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Brookfield Stock
The ability to find closely correlated positions to Brookfield Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Corp to buy it.
The correlation of Brookfield Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Brookfield Corp Correlation, Brookfield Corp Volatility and Brookfield Corp Alpha and Beta module to complement your research on Brookfield Corp. To learn how to invest in Brookfield Stock, please use our How to Invest in Brookfield Corp guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Brookfield Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.